ACI
3I0-012 · Question #599
When quoting the exchange rate between the EUR and AUDI which is conventionally the base currency?
The correct answer is A. EUR. See the full explanation below for the reasoning.
Question
When quoting the exchange rate between the EUR and AUDI which is conventionally the base currency?
Options
- AEUR
- BAUD
- CDepends on whether the price is being quoted in Europe or Australia
- DDepends on whether the price is being quoted interbank or to a customer
How the community answered
(23 responses)- A74% (17)
- B9% (2)
- C13% (3)
- D4% (1)
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